Earthquake Rates Remission Extended

The council’s interim rates remission policy for earthquake-damaged properties has been updated and will now be extended for a further year. 

As a result of the November earthquakes, an interim policy was adopted until the end of the 2017/18 year for properties that had a Section 124 (s124) notice applied to them under the Building Act.

The extension of the policy means that if a property is still deemed to be uninhabitable at 30 June 2018, the value of the damaged improvements will be deducted from the capital value (CV) of the property and a remission reflecting this will be applied for the 2018/2019 year.

Council CEO, Hamish Dobbie, says there are still over 50 properties throughout the Hurunui that have s124 notices and an extension of the policy has become necessary.

“In addition to a remission being applied, these property owners will not be receiving services for water, sewer or refuse collection and as a result, the council will be remitting these services rates as well.”

“I’m pleased that the council can help those that own earthquake-affected properties in our district, by providing some financial relief in the short term.”

Ratepayers who qualify, will be advised in writing that a remission has been applied to their rates for the 2018/19 year.